During the years under consideration, it had deputed its pilots and cockpit crew to non-resident companies for training on flight simulators. The ITAT held that since hiring of simulator by itself has no purpose, fee paid for simulator is not royalty. Further, in absence of FTS article in India-UAE DTAA, it was to be treated […]
TDS on AWS, Mail Chimp, Online Ads – URBAN LADDER HOME DÉCOR SOLUTIONS PVT. LTD [TS-773-ITAT-2021(Bang)]
The Assessment years involved are AY 2015-16, 2016-17 and 2017-18. The Assessee-Company is engaged in the business of dealing in home décor products and sells its products mainly through online marketing. The Assessee placed advertisements on the platform of Facebook, Ireland. The Assessee also used the bulk mail facility offered by M/s Rocket Science Group, […]
IMPORTANT FINDINGS OF SC IN ENGINEERING ANALYSIS DEALING WITH SOFTWARE ROYALTY
This write-up summarizes the important findings of SC on software royalty issue. The appeals before SC were grouped into four categories: The first category deals with cases in which computer software is purchased directly by an end-user, resident in India, from a foreign, non-resident supplier or manufacturer. The second category of cases deals with resident […]
TAXATION OF CLOUD COMPUTING SERVICES UNDER INCOME TAX ACT
In today’s technology world, businesses require access to high end technology equipment like servers in order to host various services online. Due to this, requirement for these kinds of servers have increased tremendously, especially for e-commerce businesses. Owning/maintaining such servers and upkeep requires skilled manpower, which is a costly affair. So many e-commerce start-up companies […]